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Hotel Development Site I 84 Exposure, Waterbury, Ct

$2,538,000

I-84 & Chase Parkway, Waterbury, CT 06708

Active
Last Updated: 08/01/2025

5.64 acres

Lot Area

 
Details:
Lot Area:    5.64 acres
Highlights:
  • Max Contiguous Area: 0.0
  • Property Description: Acreage
  • Road Type: Interstate
Description:

HOTEL DEVELOPMENT SITE - I-84 EXPOSURE, WATERBURY, CT

PROPERTY HIGHLIGHTS
Adjacent to a 91-Guest Room Hampton Inn Hotel Proposed Use: Site Plan for Hotel Development with I-84 visibility Flexible CO zoning including Office, Assisted Living, Corporate Headquarters, Medical & more

· Parcel Size: ±5.64 acres
· Zoning: Commercial Office (CO) – allowing hotel, office, healthcare, and institutional use
· Frontage & Access: Easy ingress/egress from Chase Parkway; direct access to I-84

· Proposed Use: Site plan available for a new-build hotel with ample parking and visibility

· Immediate Proximity to Hampton Inn – synergy with established hotel traffic and infrastructure
· Highway Visibility: Less than ¼ mile from Exit 17/18 of I-84 , a major east-west corridor through CT
· Nearby Demand Drivers:
o Waterbury Hospital (~1 mile)
o Brass Mill Center Mall
o Mattatuck Museum & Palace Theater (downtown)
o Lake Compounce Amusement Park (~15 miles)
o Naugatuck Valley Community College (~2.5 miles)
o Post University (~3 miles)
o University of Connecticut (Waterbury Campus) (~2 miles)
o Strong Local Employment Base and consistent demand from healthcare, educational, and business travelers

Presenting a rare opportunity to acquire a strategically located 5.64-acre commercial parcel in the heart of Waterbury, Connecticut. Directly adjacent to the Hampton Inn and visible from Interstate 84, the site offers synergy with established hotel traffic and infrastructure. The proposed site plan for hotel development makes it an ideal candidate for hospitality developers, flagged hotel brands, or investors seeking exposure in a high-demand lodging corridor. Just off I-84, less than ¼ mile from Exits 17 & 18 in Waterbury, five minutes' drive from downtown's shops, dining, and entertainment, Mattatuck Museum, Brass Mill Center Mall, Naugatuck Valley Community College, Post University, and the University of Connecticut (Waterbury Campus). The amusement and water park at Lake Compounce is only 15 miles away.

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